Nonprofits›Wellesley Scholarship Foundation Inc

Wellesley Scholarship Foundation Inc

WELLESLEY, MA

Website

Total revenue

$223K

Total expenses

$401K

Net assets

$7.9M

Grants received

$454K

47 grants

EIN

042392419

Tax year

2023

Mission

To empower all wellesley residents as well as graduates of wellesley high school to reach their highest potential by providing financial assistance for post-secondary education.

Financials

FY 2023

Revenue

Contributions & grants$132K
Program service revenue—
Investment income$91K
Other revenue—
Total revenue$223K

Expenses

Grants paid$382K
Salaries & benefits—
Fundraising$5K
Other expenses$19K
Total expenses$401K
Total assets$8.3M
Net assets$7.9M

People

23 listed

NameRoleCompensation

LISA COLLINS

PRESIDENT

Board

—

1.5 hrs/wk

NIKI BRINKMAN-OFENLACH

TREASURER

Board

—

1.5 hrs/wk

MASON SMITH

SECRETARY

Board

—

0.5 hrs/wk

STACY BRAATZ

TRUSTEE

Board

—

0.5 hrs/wk

MARIA CONCETTA BURTON

TRUSTEE

Board

—

0.75 hrs/wk

CHRIS CAVALLERANO

TRUSTEE

Board

—

0.5 hrs/wk

JAMIE CHISUM

TRUSTEE

Board

—

0.5 hrs/wk

BETH COOK

TRUSTEE

Board

—

1.5 hrs/wk

DAN GROSS

TRUSTEE

Board

—

0.5 hrs/wk

SABREENA KROPP

TRUSTEE

Board

—

0.5 hrs/wk

DAVID LUSSIER

TRUSTEE

Board

—

0.5 hrs/wk

DREW SPANGLER

TRUSTEE

Board

—

0.5 hrs/wk

NERINE WARASTA

TRUSTEE

Board

—

0.5 hrs/wk

SHELLY WARD

TRUSTEE

Board

—

0.5 hrs/wk

ADRIAN WONG

TRUSTEE

Board

—

0.5 hrs/wk

KELTY WHITE

TRUSTEE

Board

—

0.5 hrs/wk

MYRA TUCKER

TRUSTEE

Board

—

0.5 hrs/wk

JEN MOCK

TRUSTEE

Board

—

0.5 hrs/wk

JEN PATRIACCA

TRUSTEE

Board

—

0.5 hrs/wk

MEGAN FOLEY

TRUSTEE

Board

—

0.5 hrs/wk

SUE MANGIACOTTI

TRUSTEE

Board

—

0.5 hrs/wk

JACKIE HENDRIX

TRUSTEE

Board

—

0.75 hrs/wk

MATE CONVERSE

TRUSTEE

Board

—

0.75 hrs/wk

Grants received

Showing 47 of 47

FromAmountPurposeYear
GivenGain Foundation USA
$20K
Program Support
2024
THE JOHN J & SUSAN F DORAN FAMILY
$500
GENERAL CONTRIBUTION
2024
GivenGain Foundation USA
$16K
Program Support
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$11K
For grant recipient's exempt purposes
2023
THE DAVID AND KATHLEEN BAUM FAMILY
$10K
GENERAL CONTRIBUTION
2023
NATIONAL PHILANTHROPIC TRUST
$10K
HUMAN SERVICES
2023
E LAFAYETTE & ETIENNETTE A QUIRIN F
$3K
OPERATING
2023
EDWARD L HUTTON FOUNDATION
$3K
GENERAL PURPOSE
2023
THE JOHN J & SUSAN F DORAN FAMILY
$500
GENERAL CONTRIBUTION
2023
The Bank of America Charitable Foundation Inc
$250
PROGRAM/OPERATING SUPPORT
2023
The Bank of America Charitable Foundation Inc
$100
PROGRAM/OPERATING SUPPORT
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$27K
For grant recipient's exempt purposes
2022
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$16K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
GivenGain Foundation USA
$11K
As recommended by donor via platform
2022
NATIONAL PHILANTHROPIC TRUST
$10K
EDUCATION
2022
THE DAVID AND KATHLEEN BAUM FAMILY
$10K
GENERAL CONTRIBUTION
2022
DONOR ADVISED CHARITABLE GIVING INC
$7K
EDUCATION
2022
Eastern Cambridge Foundation Inc
$5K
EXEMPT PURPOSE
2022
EDWARD L HUTTON FOUNDATION
$3K
GENERAL PURPOSE
2022
HIGGS FAMILY FOUNDATION
$1K
UNRESTRICTED
2022
THE JOHN J & SUSAN F DORAN FAMILY
$500
GENERAL CONTRIBUTION
2022
The Butler Family Fund
$258
charitable contribution
2022
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$36K
For recipient's exempt purpose
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$17K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$17K
For grant recipient's exempt purposes
2021
NATIONAL PHILANTHROPIC TRUST
$10K
EDUCATION
2021
United Way Of Massachusetts Bay Inc
$10K
Community Impact
2021
Eastern Cambridge Foundation Inc
$5K
EXEMPT PURPOSE
2021
FRIENDS OF WELLESLEY METCO INC
$36K
SCHOLARSHIPS
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$28K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$15K
For grant recipient's exempt purposes
2020
JACK TARVER FDN IRRV TR
$10K
GENERAL OPERATING
2020
NATIONAL PHILANTHROPIC TRUST
$10K
EDUCATION
2020
EDWARD L HUTTON FOUNDATION
$10K
GENERAL PURPOSE
2020
PAYPAL CHARITABLE GIVING FUND
$7K
General Support
2020
Eastern Cambridge Foundation Inc
$5K
EXEMPT PURPOSE
2020
PAUL & EDITH BABSON FOUNDATION 106846-000
$4K
GENERAL SUPPORT
2020
E LAFAYETTE & ETIENNETTE A QUIRIN F
$1K
OPERATING
2020
THE JOHN J & SUSAN F DORAN FAMILY
$1K
GENERAL CONTRIBUTION
2020
The Bank of America Charitable Foundation Inc
$100
GENERAL SUPPORT
2020
United Way Of Massachusetts Bay Inc
$14K
Community Impact
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$13K
For grant recipient's exempt purposes
2019
NATIONAL PHILANTHROPIC TRUST
$10K
EDUCATION
2019
THE FORST FOUNDATION
$800
OPERATING SUPPORT
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$18K
For grant recipient's exempt purposes
2018
United Way Of Massachusetts Bay Inc
$9K
Community Impact
2018
EDWARD L HUTTON FOUNDATION
$5K
GENERAL PURPOSE
2018

Funded by

$454K from 19 funders · 47 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$117K · 7 grants · 2018–2023

Vanguard Charitable Endowment Program

$80K · 3 grants · 2020–2022

National Philanthropic Trust

$50K · 5 grants · 2019–2023

GivenGain Foundation USA

$47K · 3 grants · 2022–2024

Friends Of Wellesley Metco Inc

$36K · 1 grant · 2020

United Way Of Massachusetts Bay Inc

$33K · 3 grants · 2018–2021

The David And Kathleen Baum Family

$20K · 2 grants · 2022–2023

Edward L Hutton Foundation

$20K · 4 grants · 2018–2023

Details

EIN042392419
Subsection03
Ruling date1953-04
Formed1951
Employees0
Volunteers23
WELLESLEY SCHOLARSHIP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo